H&R Block acquisition of TaxACT software maker blocked | Practical Law
On 31 October 2011, a federal judge granted a permanent injunction blocking H&R Block, Inc. from acquiring 2SS Holdings, Inc., makers of TaxACT software used for self-preparation of income tax return filings. The injunction was the result of a lawsuit filed by the US Department of Justice (DOJ) in May 2011. Following issuance of the injunction, the parties abandoned the transaction.